Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income (Loss) of the Company

v3.6.0.2
Accumulated Other Comprehensive Income (Loss) of the Company
12 Months Ended
Dec. 31, 2016
Tanger Factory Outlet Centers, Inc [Member]  
Accumulated Other Comprehensive Income (Loss) of the Company
Accumulated Other Comprehensive Income (Loss) of the Company

The following table presents changes in the balances of each component of accumulated comprehensive income for the years ended December 31, 2016, 2015, and 2014 (in thousands):
 
 
Tanger Factory Outlet Centers, Inc. Accumulated Other Comprehensive Income (Loss)
 
Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive (Income) Loss
 
 
Foreign currency
 
Cash flow hedges
 
Total
 
Foreign currency
 
Cash flow hedges
 
Total
Balance December 31, 2013
 
$
(4,590
)
 
$
2,162

 
$
(2,428
)
 
$
(254
)
 
$
(39
)
 
$
(293
)
Other comprehensive income (loss) before reclassifications
 
(9,523
)
 
(2,874
)
 
(12,397
)
 
(519
)
 
(158
)
 
(677
)
Reclassification out of accumulated other comprehensive income into interest expense
 

 
802

 
802

 

 
202

 
202

Balance December 31, 2014
 
(14,113
)
 
90

 
(14,023
)
 
(773
)
 
5

 
(768
)
Other comprehensive income (loss) before reclassifications
 
(22,017
)
 
(2,279
)
 
(24,296
)
 
(1,183
)
 
(122
)
 
(1,305
)
Reclassification out of accumulated other comprehensive income into interest expense
 

 
1,604

 
1,604

 

 
86

 
86

Balance December 31, 2015
 
(36,130
)
 
(585
)
 
(36,715
)
 
(1,956
)
 
(31
)
 
(1,987
)
Other comprehensive income (loss) before reclassifications
 
4,043

 
2,539

 
6,582

 
216

 
135

 
351

Reclassification out of accumulated other comprehensive income into interest expense
 

 
1,838

 
1,838

 

 
97

 
97

Balance December 31, 2016
 
$
(32,087
)
 
$
3,792

 
$
(28,295
)
 
$
(1,740
)
 
$
201

 
$
(1,539
)


We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $1.1 million of the amounts recorded within accumulated other comprehensive income related to the interest rate swap agreements in effect and as of December 31, 2016.